Doonbeg Golf Club Real EstateSuites - Frequently Asked Question:6. Have Irish banks been contacted respecting possible financing of the Suites for Club Members? Yes. We've had discussions with a couple of large and well-regarded Irish banks and will finalize bank financing options very soon and well in advance of the Suite sales closings. For non-Irish residents, such as a US resident/citizen, the Irish banks have preliminarily indicated an enthusiasm and willingness to loan 70 - 80% loan-to-value of Doonbeg's Suites, perhaps more under special credit circumstances. To an Irish or UK resident, the percentage may be higher as is understandable from a geographic standpoint. Some Suite purchasers may find it advantageous to borrow through their regular, established banking channels. |
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